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Jan 21, 2013
01/13
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the debt ceiling debate, the u.s. set to hit that $16 trillion limit on borrowing in the next month, if we haven't hit it yet. let's take a listen to what president obama had to say about the potential battle looming in congress. >> markets had could go haywire, interest rates would spike for anybody who borrows money. every homeowner with a mortgage, every student with a college loan, every small business owner who wants to grow and hire. >> jared, how does this play out? >> well, we're beginning to hear lots of sounds from republicans that are more in a compromising mode than we heard a week ago. right now they're talking about perhaps an increase in the debt ceiling that lastins for a coup months. frankly, and russ may agree with me here, i don't think markets would react very approvingly to basically just another lurch from crisis to crisis. it wasn't too long ago that, maria, you and i were in these chairs talking about the fiscal cliff. now the debt ceiling. do you want to have this discussion two months from no
the debt ceiling debate, the u.s. set to hit that $16 trillion limit on borrowing in the next month, if we haven't hit it yet. let's take a listen to what president obama had to say about the potential battle looming in congress. >> markets had could go haywire, interest rates would spike for anybody who borrows money. every homeowner with a mortgage, every student with a college loan, every small business owner who wants to grow and hire. >> jared, how does this play out? >>...
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Jan 10, 2013
01/13
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the federal government has already hit the debt ceiling. and the only way the government can pay its bills is by using accounting gimmicks to move money around. those tricks will only get the government through mid-february. at that point lew might have to take the unprecedented step of deciding he has the legal authority to pick and choose which bills the feds will pay. >> even if it were clear that the treasury secretary could do that, pick and choose, the ability, the real ability to reprogram all of the software in treasury's computers which connect to all of the computer software in the various agencies is not something that can be done in ten minutes or ten days or ten weeks. so you have the right to do it, but you don't have the ability to do it. >> reporter: the treasury uses a separate computer system to make interest payments on the federal debt so it is possible investors would get what they are owed. but what happens with social security, medicare and federal employee pay, is less clear. so secretary lew would have to make a dec
the federal government has already hit the debt ceiling. and the only way the government can pay its bills is by using accounting gimmicks to move money around. those tricks will only get the government through mid-february. at that point lew might have to take the unprecedented step of deciding he has the legal authority to pick and choose which bills the feds will pay. >> even if it were clear that the treasury secretary could do that, pick and choose, the ability, the real ability to...
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Oct 18, 2013
10/13
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FOXNEWSW
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now he's breathing a sigh of relief he has the new debt ceiling. he's the one that jacked up the deficit four times from the bush level up to $1.4 trillion. bob will say part is bush. maybe. he kept it four years. it's still way above voice levels. i don't know how the man can say i've cut the limit. we have fiscal problems, fiscal may ham on the horizon. you better fix it. we haven't fixed anything. we've bought a few more moss. >> dana, if there were a game show for republican, would pit be called no deal or no deal? >> that would win awards. emmy award winning. >> answer the question. >> here's the game show they averted the shutdown. it was not even bud light. it tasted terrible and gave you a horrible political hang over. this is going to hang over them for a little while now. you know what this really helped is the permanent political class in washington d.c. and the lobbyist. you bet because the unions did not get what ept thissed out of this past deal, they'll work hard to get nit january or february when they decide to get this done. same
now he's breathing a sigh of relief he has the new debt ceiling. he's the one that jacked up the deficit four times from the bush level up to $1.4 trillion. bob will say part is bush. maybe. he kept it four years. it's still way above voice levels. i don't know how the man can say i've cut the limit. we have fiscal problems, fiscal may ham on the horizon. you better fix it. we haven't fixed anything. we've bought a few more moss. >> dana, if there were a game show for republican, would...
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Jan 15, 2013
01/13
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they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix fundamental problems. why do we have to have the debate every three months? >> eric: sure. start with the debt ceiling and how it came about. prior to world war i, everybody was paid
they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the...
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ceiling itself and that's the amount of statutory debt that the treasury can issue and what they've done here is they've simply removed it what they've done in the past congress has done in the past is raise the debt ceiling to a certain amount but there is actually no ceiling at this moment what happens the day after february seventh every day is that the president basically says this is how much money we spend and call congress authorizes it and then the debt ceiling is raised by that amount so there's a little bit of wiggle room there now this is something weird and i correct me if i'm wrong here but it's my understanding the debt ceiling can be contested by congress is that correct yes this was something interesting and unexpected that i. the president has three days to look over and basically sign a piece of paper it says we need to raise the debt ceiling now congress has twenty two days to pass what's called disapproval so they can actually contest and while this probably unexpected given what the tea partiers have done to delay this process it's not completely out of the room
ceiling itself and that's the amount of statutory debt that the treasury can issue and what they've done here is they've simply removed it what they've done in the past congress has done in the past is raise the debt ceiling to a certain amount but there is actually no ceiling at this moment what happens the day after february seventh every day is that the president basically says this is how much money we spend and call congress authorizes it and then the debt ceiling is raised by that amount...
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Oct 16, 2013
10/13
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then in february for the debt ceiling. we'll have to either go through this process again, or as mr. costa was talking about, perhaps this sets the table for discussion on longer term debt situations, whether in tax reform or entitlement payments. if this sets something up where we have adult at the table, they can get clarity out of washington. i think that would be very much of a positive result. >> yeah, the adults here. a lot of investors haven't stuck around for the dysfunction. they've headed offshore. foreign stocks have been the beneficiary recently as people have been dumping out of u.s. stocks or mutual funds. you know, now it looks like a deal is imminent. do you think we'll see that being reversed and that maybe we'll start to be the beneficiary and start outperforming in equities or is that not a scenario you see? >> that's a really good question. one of the reasons wasn't necessarily because you're getting out of u.s. because of dysfunctions or disarray, it's because multiples are high. if you look at chasing
then in february for the debt ceiling. we'll have to either go through this process again, or as mr. costa was talking about, perhaps this sets the table for discussion on longer term debt situations, whether in tax reform or entitlement payments. if this sets something up where we have adult at the table, they can get clarity out of washington. i think that would be very much of a positive result. >> yeah, the adults here. a lot of investors haven't stuck around for the dysfunction....
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Jan 12, 2013
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the debt ceiling. >> it's a great question. i think republicans are manning the barricades, they are going to the demand spending cuts. we know that the president said that he will not negotiate with house republicans as this debt ceiling approaches. remember, represents are under political pressure, especially the speaker of the house. because republicans are frustrated about how the fiscal cliff went, to now they are looking at the debt ceiling. >> we will watch and see, i love that we got to find out that bob franken's ring tone was "hail to the chief." >> you know who was that? my wife. >> smart man. >> she demanded that ring tonight. >> what is yours heather? >> birds chirping. >> peaceful. >> and yours? >> a generic telephone ring. >> my agents use the theme from jaws, now you know. >> made for good tv to think that the president was walking in on your shot there and maybe joining us for an exclusive. my thanks to all three of you. thanks, gang, i really appreciate it. that will do it for me today, thank you for spending
the debt ceiling. >> it's a great question. i think republicans are manning the barricades, they are going to the demand spending cuts. we know that the president said that he will not negotiate with house republicans as this debt ceiling approaches. remember, represents are under political pressure, especially the speaker of the house. because republicans are frustrated about how the fiscal cliff went, to now they are looking at the debt ceiling. >> we will watch and see, i love...
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Oct 9, 2013
10/13
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you have to fund the government and give me the debt ceiling, give me a trillion more on the debt ceiling the only two things the republicans have been holding out, the only two bargaining chips. president obama is willing to deal as long as he gets his way first. a lot of wish fful thinking of e republicans. president obama back to the blame game, arcesonists, rants, esset ra. what needs to happen, republicans have to stay firm up to the debt ceiling. my gut is we will get right around that day and all of a sudden both sides will come to the table and some agreement, whether medical device tax issue or maybe some movement on entitlements, maybe raising the retirement age, something where the republicans can go back and say, look what we got. we got something. >> you were listsening earlier today, did you hear a shift in tone from the president and do you think that has anything to do with the recent polling saying both sides are getting some blame in this fight? >> yes. i'm shocked president obama didn't see this coming. they both had parties mutually assured destruction. see seeing the
you have to fund the government and give me the debt ceiling, give me a trillion more on the debt ceiling the only two things the republicans have been holding out, the only two bargaining chips. president obama is willing to deal as long as he gets his way first. a lot of wish fful thinking of e republicans. president obama back to the blame game, arcesonists, rants, esset ra. what needs to happen, republicans have to stay firm up to the debt ceiling. my gut is we will get right around that...
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Sep 27, 2013
09/13
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if anything, we can't play with the debt ceiling. shut the government down. stand firm on that but not on something that would wreck the monetary system of the world. >> you know what, bob, sounds like a sequestration. predictions of doom and gloom. none of it happened. >> this is a different situation. that $17 trillion is in bonds backed by dollars. if the dollars default, what happens? >> i'm not afraid. >> really? >> maybe just naivety. >> at your low salary you probably aren't. >> i don't want to see damage. >> you're cracking yourself up. go ahead. >> republicans are saving president obama from his own mistakes, his own bad decisions. >> i agree with you. >> why do we keep saving him from the spending from obamacare? let them own it. they will. especially obamacare. let obamacare go into effect. people will soon realize. >> do you not want the republicans to fight and stand on principle? as ted cruz said earlier ? >> sure. absolutely i do. but we are disgrease on tactics on how to do the it. >> tell me the other tactic. when do we neat get -- why wouldn
if anything, we can't play with the debt ceiling. shut the government down. stand firm on that but not on something that would wreck the monetary system of the world. >> you know what, bob, sounds like a sequestration. predictions of doom and gloom. none of it happened. >> this is a different situation. that $17 trillion is in bonds backed by dollars. if the dollars default, what happens? >> i'm not afraid. >> really? >> maybe just naivety. >> at your low...
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Oct 10, 2013
10/13
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more fallout from the debt ceiling mess. dominic chu with the story. >> remember yesterday we heard that fidelity, the big mutual fund company was in essence getting rid of some of the treasury securities that have payments due around the time of a possible debt issue. a possible liquidity issue with the debt ceiling. now jpmorgan investment management is doing the same thing. in a statement they said that as of october 9th, 2013, their funds, jpmorgan investment management, didn't own any securities issued by the treasury that mature or have scheduled coupon payments between october 16th and november 6th of 2013. that's that wheel house we're talking about with the debt ceil. in addition the funds at jpmorgan investment management have increased liquidity positions. that means they're raising cash. fidelity first. now jpmorgan investment management also, again, getting rid of some of those treasury securities to hedge their bets in case something does happen. although, maria, we will say this. jp morgan continues to think t
more fallout from the debt ceiling mess. dominic chu with the story. >> remember yesterday we heard that fidelity, the big mutual fund company was in essence getting rid of some of the treasury securities that have payments due around the time of a possible debt issue. a possible liquidity issue with the debt ceiling. now jpmorgan investment management is doing the same thing. in a statement they said that as of october 9th, 2013, their funds, jpmorgan investment management, didn't own...
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Oct 14, 2013
10/13
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the one over the debt ceiling. the president is talking about a potential default and he's blaming republicans. >> not only is it untenable for us to continue this shootdown, this week, if we don't start making some real progress both in the house and the senate and if republicans aren't willing to set aside some of their partisan concerns in order to do what's right for the country, we stand a good chance of defaulting. >> now, president obama and vice president biden were supposed to meet with the four congressional leaders but that meeting was abruptly postponed. we're getting word mitch mcconnell will present a potential plan to senate republicans tomorrow morning. ed henry is following it from washington. he joins us from the white house. >> the bottom line is that that's actually good news, that the meeting here at the white house was delayed. normally you would say, wait, is this thing falling apart, is the president not ready to meet with democratic and republican leaders. this time, we're hearing white hou
the one over the debt ceiling. the president is talking about a potential default and he's blaming republicans. >> not only is it untenable for us to continue this shootdown, this week, if we don't start making some real progress both in the house and the senate and if republicans aren't willing to set aside some of their partisan concerns in order to do what's right for the country, we stand a good chance of defaulting. >> now, president obama and vice president biden were supposed...
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Oct 10, 2013
10/13
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it really has been the debt ceiling. we saw today the 300 points like that when it looked like the debt ceiling was off the table. now, i know on the word that supposedly president obama had rejected this deal, some say the mark is going to be down by 500 points tomorrow. i think as bob said, listen. people are still talking. to me it sounds like there is going to be a deal at some pointment we're not going to have a debt ceiling crisis. the republicans are caving on that. they're eventually going to cave on the shutdown for at least the next six weeks. and listen, uncertainty is a drag on the market. if we can get rid of the uncertainty. >> i can't wait six weeks. i cannot wait six weeks. marcus cannot wait six weeks. i'm not sure the economy is wait six weeks. bob costa, we're going to cop back. but close this segment down. tell me, do you believe that the republican party will accept a clean debt bill and a clean continuing resolution? that all this whole shenanigans came to nothing and we're right back where we start
it really has been the debt ceiling. we saw today the 300 points like that when it looked like the debt ceiling was off the table. now, i know on the word that supposedly president obama had rejected this deal, some say the mark is going to be down by 500 points tomorrow. i think as bob said, listen. people are still talking. to me it sounds like there is going to be a deal at some pointment we're not going to have a debt ceiling crisis. the republicans are caving on that. they're eventually...
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Jan 9, 2013
01/13
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i've got a problem with the debt ceiling. let me pick a guy who almost all sides agree is one of the foremost experts when it comes to the budget. >> rick, what do you think? jump in here. >> well, you know, carlton college, harvard, '73 and a to tip o'neill, a former lifer bureaucrat here. instead of someone like a jamie dimon, and i think steve is absolutely right. i don't think there's a human being on the planet who knows the current budget and its issues better than jack lew which is exactly the reason i would say he's absolutely not my first choice for the job or the fifth guy in line to be president should anything happen to the other four because i think he's going to have a parental relationship, so to speak, with the budget and its process in trying to change it, and i think that that paternal instinct is going to be defending it versus, you know, actually trying to make a difference. looking at the budget even though we technically haven't had one. we've had continuing resolutions. i think we need someone that will
i've got a problem with the debt ceiling. let me pick a guy who almost all sides agree is one of the foremost experts when it comes to the budget. >> rick, what do you think? jump in here. >> well, you know, carlton college, harvard, '73 and a to tip o'neill, a former lifer bureaucrat here. instead of someone like a jamie dimon, and i think steve is absolutely right. i don't think there's a human being on the planet who knows the current budget and its issues better than jack lew...
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Oct 13, 2013
10/13
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the debt ceiling is note the problem, bob. it's the fact they've been spending about $1 trillion more than they're take next. i think most folks are tired of not only the games in washington, shutting down the world war ii memorial, and more importantly, which is why the tea party took off is they think washington is ignoring the underlying problems of spending too much money. >> schieffer: if i could interject. i think you may have a problem coming that may be worse than all of that. if the government has to default on its debts and the term, "full faith and credit of the united states government" is no longer operative, if that happens we're going to plunge off into the unknown. nobody knows what the impact of that will be on not just our economy but the world economy. would you be willing to let that happen in order to postpone obamacare, which you haven't been able to do. obamacare marches on, not marching very well right now, but obamacare has started. and all of the rest of this is happening. are you willing to let that
the debt ceiling is note the problem, bob. it's the fact they've been spending about $1 trillion more than they're take next. i think most folks are tired of not only the games in washington, shutting down the world war ii memorial, and more importantly, which is why the tea party took off is they think washington is ignoring the underlying problems of spending too much money. >> schieffer: if i could interject. i think you may have a problem coming that may be worse than all of that. if...
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Oct 6, 2013
10/13
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the debt ceiling as his next bargaining chip? >> it has been the best leverage that congress has to rein in the executives. >> plus captured alive. u.s. commandos launched twin terror raid this is weekend arresting one of the world's most wanted men. >> members of al qaeda and other terrorist organizations literally can run but they can't hide. >> and no options. the states that refuse to expand medication are leavings americah insurance. >>> and miley cyrus bringing the circus to the snl stage. find out who survived. lots to get to, but we start with day six of the government shutdown and today the talk was all about nearing the debt ceiling deadline. the white house took advantage of the sunday talk show circuit with treasury secretary jack lew who appeared on four of the sunday shows. republicans countered with house speaker john boehner. let's get right to the brain trust. julie pace, white house correspondent, bob hurder, and zachary caravelle, columnist from reuters. between to see you. julie, john boehner laying blame for
the debt ceiling as his next bargaining chip? >> it has been the best leverage that congress has to rein in the executives. >> plus captured alive. u.s. commandos launched twin terror raid this is weekend arresting one of the world's most wanted men. >> members of al qaeda and other terrorist organizations literally can run but they can't hide. >> and no options. the states that refuse to expand medication are leavings americah insurance. >>> and miley cyrus...
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Sep 28, 2013
09/13
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they're not defaulting even if you don't raise the debt ceiling. what it is, president obama sounding the alarm, scaring the crap out of the american people. saying if you don't raise the debt feeling, we're going to default. >> how do you do it? >> and president obama has no problem printing money. >> absolutely. >> what do you think the goal of republicans are? because of course there's two issues. funding the government. that involves the defunding of obama care. but also raising the debt ceiling. >> i think their goal is to do what they said they're going to do or which is stop obama care on both fronts. now the goal is going to be which actually has been the goal for a long time, is to get some concession on the individual mandate or on the delay when it companies to -- or on the exemption that congress gets from obama care. going back to what president obama was saying real quickly, i want to compare how long the phone call that president obama made to john boehner last week was to the phone call that he made to the iranian president. i'm won
they're not defaulting even if you don't raise the debt ceiling. what it is, president obama sounding the alarm, scaring the crap out of the american people. saying if you don't raise the debt feeling, we're going to default. >> how do you do it? >> and president obama has no problem printing money. >> absolutely. >> what do you think the goal of republicans are? because of course there's two issues. funding the government. that involves the defunding of obama care. but...
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Sep 27, 2013
09/13
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in exchange house gop lawmakers will agree the to raise the debt ceiling. we are learning tonight that parts of the president's signature legislation will not be ready come october 1 according to politico the administration will postpone online enrollment for the federal small business exchanges for another month. here with reaction mercedes slap and fox news political analyst juan williams. we have a lot of delays. 36 states that have major glitches and b problems. it's not ready. colorado says their exchange will be another month. we have d.c. saying it won't be ready until november. is that a fair deal? it's not ready for primetime. a year delay. would you support that? >> no the. in term s of trying to get something done on the deficit, this has nothing to do with spending. the american people are interested in seeing governments spend less money but not in using this as some kind of blackmail, hijacking the deficit and increasing the debt ceiling. >> but a lot of people feel that the exemptions s that are given to big business and the exemptions given
in exchange house gop lawmakers will agree the to raise the debt ceiling. we are learning tonight that parts of the president's signature legislation will not be ready come october 1 according to politico the administration will postpone online enrollment for the federal small business exchanges for another month. here with reaction mercedes slap and fox news political analyst juan williams. we have a lot of delays. 36 states that have major glitches and b problems. it's not ready. colorado...
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Oct 10, 2013
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well, they said republicans should pass a debt ceiling. also, freedom works banging the drum for a shutdown for months now, today, freedom work's ceo told the huffington post that yeah, we think they ought to pass the debt ceiling, at least get that part taken care of. the same ceo for freedom works a week ago said we will go past the deadline for the debt ceiling, and i don't think that was a bad thing. that was a week ago, with wall street getting freaked out a week later and politico freaked out about it, now he changes his tune and says yeah, we need to pass the debt ceiling. both the heritage action group, they're trying to save face saying the only reason we don't want to blow through the debt ceiling now is we don't want it to be a distraction on the focus of obama care, but at the same time they made that declaration today, paul ryan said the republicans need to keep up the fight for a bunch of stuff that does not center around obama care. paul ryan did not even mention obama care about what it is that the republicans need to keep
well, they said republicans should pass a debt ceiling. also, freedom works banging the drum for a shutdown for months now, today, freedom work's ceo told the huffington post that yeah, we think they ought to pass the debt ceiling, at least get that part taken care of. the same ceo for freedom works a week ago said we will go past the deadline for the debt ceiling, and i don't think that was a bad thing. that was a week ago, with wall street getting freaked out a week later and politico freaked...
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kick the can down the road on reigning and our ever growing trillion dollar debt the debt ceiling was reinstated on may nineteenth at sixteen point seven trillion dollars which we've already hit currently we're operating under extraordinary measure is it just to keep the government running joining me now as one would brooks of public notice to discuss thanks for having so nice to have you here great to be here so the debt ceiling was head on may nineteenth there hasn't been a lot of talk or discussions about this on capitol hill why is it there's a quiet issue right well you know capitol hill they like the way to the last budget and even though they did hit the debt ceiling in the middle of may they have until around october perhaps to use these extraordinary measures where they are borrowing against the retirement of federal workers and other things just to get by so you know nothing new here in washington you know even though they have time to plan they're really not. think that might change before they go home for the august summer recess but up until this. point there's been very
kick the can down the road on reigning and our ever growing trillion dollar debt the debt ceiling was reinstated on may nineteenth at sixteen point seven trillion dollars which we've already hit currently we're operating under extraordinary measure is it just to keep the government running joining me now as one would brooks of public notice to discuss thanks for having so nice to have you here great to be here so the debt ceiling was head on may nineteenth there hasn't been a lot of talk or...
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Oct 15, 2013
10/13
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dagen: due to the last debt ceiling fight we lost the aaa debt reading, if these fights continue and they become more frequently, do you think how much we have to pay to borrow money will go up long run? there could be not just psychological, but financial damage done to the country if they keep playing chicken in washington. >> i think right now we're at a different spot tha then we weren 2011. 201,100 different economic environment in the u.s. and certainly one in europe. the u.s. is much stronger today than it was in 2011, companies are doing well, i think you have seen revival of europe certainly it is not strong but it is much better than it was and you also see progress in china. i think we're at a different point so i do not see it having an immediate impact on the u.s. bond market and u.s. treasury ratings at this point. dagen: good to hear that. connell: thank you to all of our panel but spends to start us off with this live coverage. good stuff, everybody. dagen: where moments away from talking to a frequent guest on this program who just happened to have won the nobel priz
dagen: due to the last debt ceiling fight we lost the aaa debt reading, if these fights continue and they become more frequently, do you think how much we have to pay to borrow money will go up long run? there could be not just psychological, but financial damage done to the country if they keep playing chicken in washington. >> i think right now we're at a different spot tha then we weren 2011. 201,100 different economic environment in the u.s. and certainly one in europe. the u.s. is...
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Oct 10, 2013
10/13
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CNN
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a possible deal to raise the debt ceiling, if only for six weeks. we'll talk to one house republican leader who even says defunding obama care is off the table. okay. great. what about reopening the government? >>> the politics lead. face-to-face. will the president and the speaker emerge with a deal when they meet minutes from now? we'll talk to legendary journalist bob woodward, who wrote a compelling account of their last debt ceiling feud. >>> and the money lead. the closing bell on wall street. every single day this week it's been a loser for the stock market but that changed today. just a hint of a debt limit deal was enough to send the dow skyrocketing. good afternoon, everyone. i'm jake tapper. welcome to "the lead." we will begin, of course, with the national lead. the dow closing up over 300 points, the markets surging as word spread about a potential solution to keep the united states government from hitting the debt ceiling, but not necessarily a solution to end this partial government shutdown, which has now lasted ten days. for much of
a possible deal to raise the debt ceiling, if only for six weeks. we'll talk to one house republican leader who even says defunding obama care is off the table. okay. great. what about reopening the government? >>> the politics lead. face-to-face. will the president and the speaker emerge with a deal when they meet minutes from now? we'll talk to legendary journalist bob woodward, who wrote a compelling account of their last debt ceiling feud. >>> and the money lead. the...
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Oct 12, 2013
10/13
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now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still all about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grover norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. that was how their message changed this week. now, the coch brothers funded the americans for prosperity group. they want the government shut down. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly abo
now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still all about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grover norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do...
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Oct 12, 2013
10/13
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MSNBC
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their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the mirnes for prosperity group. they want the government shutdown. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly about obama care. it's not really about obama care for them. but they are definitely willing to hit the debt ceiling for all the other stuff they want. at least they have stayed the same. they're funded by the coch brothers. they've been funding basically all of the groups that have been demanding a government shutdown. they funded heritage action, afp, all the tea party groups. shut down the government, right? shut down the government, it's all about obama care. they've spent over $2 hundred million in a year. on thes
their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the mirnes for prosperity group. they want the government shutdown. they do not want to raise the debt ceiling. they want none of that. so, for...
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Oct 11, 2013
10/13
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ALJAZAM
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the obama administration wants a debt ceiling deal to include reopening the government. something the republicans have on their radar. >> opening the government is a negotiation that will happen tonight and in the hours ahead. we hope to have it opened by monday morning. >> speaker boehner's proposal was laid out at the white house on thursday with president obama and 20 republican leaders. the republicans left by the side door, without giving remarks, but clarified the talks were positive. the white house signalled the talks were welcome. >> the president is happy that cooler heads seem to be prevailing in the house. that there seems to be a recognition that default is not an option. >> optimism about a deal sent stocks soring with major averages rallying by 2% across the board, second-best gains this year. >> joining me to discuss what happens next in the washington brinksmanship is mark mckinnon. he advised hundreds of campaigns and candidates, including george w. bush, and senator john mccain, and is the founder of no labels, a group of democrats, republicans and ind
the obama administration wants a debt ceiling deal to include reopening the government. something the republicans have on their radar. >> opening the government is a negotiation that will happen tonight and in the hours ahead. we hope to have it opened by monday morning. >> speaker boehner's proposal was laid out at the white house on thursday with president obama and 20 republican leaders. the republicans left by the side door, without giving remarks, but clarified the talks were...
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Oct 7, 2013
10/13
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FOXNEWSW
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and then there's the debt ceiling. president obama suggests republicans give in on the budget and give in on the debt ceiling and then maybe -- the only promise is to sit down. >> clearly, he got some bad data over the weekend. it's not working for him. he thought, i'm going to end it with, negotiate. hopefully people will say, isn't it nice of the president to give in? we know the president might be days, a temporary refunding tra of the government. >> -- polling data on long island and the rest of america -- >> yes. >> you probably do. >> back to that original -- republicans are getting more blame. eric of course would never put it in his open. the democrats have asked boehner to please put a clean cr on the floor and let's have a vote and he will lose but he won't do it. >> of course he won't. >> why? >> why would he? >> because it's a cr -- the majority of the house of representatives -- >> here's what you're doing. you're talking to ou veers who maybe not -- don't understand the workings of d.c. do you think john
and then there's the debt ceiling. president obama suggests republicans give in on the budget and give in on the debt ceiling and then maybe -- the only promise is to sit down. >> clearly, he got some bad data over the weekend. it's not working for him. he thought, i'm going to end it with, negotiate. hopefully people will say, isn't it nice of the president to give in? we know the president might be days, a temporary refunding tra of the government. >> -- polling data on long...
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ceiling which would raise the debt ceiling cut spending and have tax reform i think it's dangerous to have tax reform in this debate and look in the personal cliff debate in january we already raise taxes and we raise taxes inefficiently so yes we need a huge debate on how to perform thank you so much this is what brooks the public and i thank you. stay tuned because when we take a harder look after her secretary treasury and fed chairman a front man away from earth you won't believe what he did when he was president of harvard and then prime interest producer bob inglis and i explored the white house side of sovereign debt straight from the madison avenue state. wealthy british soil the sun. spot on to the tirelessly. cardinality. markets why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on. the eve. of the. now when we talk about the revolving door we often think about it shuttling people between washington and wall street but today we're going to highlight another s
ceiling which would raise the debt ceiling cut spending and have tax reform i think it's dangerous to have tax reform in this debate and look in the personal cliff debate in january we already raise taxes and we raise taxes inefficiently so yes we need a huge debate on how to perform thank you so much this is what brooks the public and i thank you. stay tuned because when we take a harder look after her secretary treasury and fed chairman a front man away from earth you won't believe what he...
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Jan 10, 2013
01/13
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CSPAN2
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the last debt ceiling increase was passed in august 2011. and that was a to $.1 trillion commitment. here we are 17 a month later, and to $.1 trillion is gone. caput. and now we need another increase, how much longer can this kind of spending go on without adjustment? as a nation we must finally face up to the single biggest threat to our economic future, and that is our exploding national debt driven by runaway deficit spending, changing demographics, and unsustainable entitlement. if we fail to address this threat, automatic spending will soon consume every dollar the federal government collects, leaving nothing for education, national defense, or other essential programs. we have no illusion that putting our country on a sound and responsible fiscal course will be easy. it clearly will not. our government is divided and conflicted because the american people are divided and conflicted. but we cannot ignore this crisis any longer. nor can our leaders. as important as economic growth is, we can't grow our way out of this problem, and we cer
the last debt ceiling increase was passed in august 2011. and that was a to $.1 trillion commitment. here we are 17 a month later, and to $.1 trillion is gone. caput. and now we need another increase, how much longer can this kind of spending go on without adjustment? as a nation we must finally face up to the single biggest threat to our economic future, and that is our exploding national debt driven by runaway deficit spending, changing demographics, and unsustainable entitlement. if we fail...
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Jan 2, 2013
01/13
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MSNBCW
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wait till the debt ceiling debate. that is going to be a very difficult debate when we get to it. >> we're out of time, steve. on a scale of one to ten with ten being nuclear, how bad is the debt ceiling debate going snob. >> i'd say it's going to be about an eight. hopefully the republicans will listen to what obama said last night and not play politics with something that's very important for our economy. >> gentlemen, good to see you. >> day four in the hospital for hillary clinton after doctors found a blood clot in her brain. this is an uncommon complication from a concussion but doctors say she is doing well. >> our chief health correspondent is with me. bob, robert, how's she doing? what's going on? >> we have no word, other than what they're saying she's good. it wouldn't be unusual for someone to be in the hospital this long because adjusting the blood thin ser a difficult and common task. >> so people shouldn't read too much into it that she's been in the snopt. >> not at all. it takes a while to get the dose
wait till the debt ceiling debate. that is going to be a very difficult debate when we get to it. >> we're out of time, steve. on a scale of one to ten with ten being nuclear, how bad is the debt ceiling debate going snob. >> i'd say it's going to be about an eight. hopefully the republicans will listen to what obama said last night and not play politics with something that's very important for our economy. >> gentlemen, good to see you. >> day four in the hospital for...
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Oct 7, 2013
10/13
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CSPAN
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of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to make those determinations. what our position has always been was not raise it for a certain amount of time. it has been raise the debt ceiling without drama and delay. , ourver the duration position will not change, which is raise it so that the united states can continue to pay its bills and continue to ensure that the world knows we are good to our word and we fulfill our obligations, and when it comes up again, our position will still be, we will not negotiate over congress's responsibility is to pay the bills t
of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to...
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ceiling pay backing off of what you just said what is the point of a debt ceiling and if we can legally can't go will go away from it isn't that that's a great question a lot of people say you know there is no point a lot of countries don't have debt ceilings and they don't need them i mean you know you can go a thousand different ways at this and it's more economic theory which i will obviously just never bothered here to iran when terms of economic theory i'm not a fan of anything that gives congress the ability to hold the entire country hostage and the markets the global markets along with it several times per year this is a badly conceived band-aid to a bigger structural problem so is there something that we should. otherwise you know what i was asking the budget let's do that for the cameras time and three or four years start there and then we can talk about it and i'm glad that you brought this up the passing a budget is obviously we are t. minus fifty five hours to heading that debt ceiling right on schedule. what affect tell us how long the u.s. market and the global markets i
ceiling pay backing off of what you just said what is the point of a debt ceiling and if we can legally can't go will go away from it isn't that that's a great question a lot of people say you know there is no point a lot of countries don't have debt ceilings and they don't need them i mean you know you can go a thousand different ways at this and it's more economic theory which i will obviously just never bothered here to iran when terms of economic theory i'm not a fan of anything that gives...
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Oct 16, 2013
10/13
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CNBC
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that was done during a debt ceiling debate two years ago. during this one, that debate did not occur. we have missed a moment. we've got to find times when we look at how much debt is piled up to slow down and talk it and say how do we talk about the growth of the spending we have. that didn't occur thisti >> congressman, it was clear when we saw harry reid talking in a sober way about the new budget conference committee that now meets that he's trying to say look, what we're offering the gop, but what is the atmosphere like within the house gop at the moment? because from the outside, it looks like you went in, you took the pain on behalf of the party well, see it in the polls, by shutting the government down for two weeks. and yet you haven't really from the outside it appears come away with a big prize. i mean, what do you think of the tack it ticks and does speaker boehner keep his job? >> i think he does keep his job. i don't think that's at risk at this point. we're navigating through difficult waters. the people in our districts are t
that was done during a debt ceiling debate two years ago. during this one, that debate did not occur. we have missed a moment. we've got to find times when we look at how much debt is piled up to slow down and talk it and say how do we talk about the growth of the spending we have. that didn't occur thisti >> congressman, it was clear when we saw harry reid talking in a sober way about the new budget conference committee that now meets that he's trying to say look, what we're offering the...
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Sep 30, 2013
09/13
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FOXNEWSW
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does that come in to this debate about the next battle, that whole debt ceiling battle? >> there's a lot of concern about that debt ceiling battle because it's going to come up so quickly. october 17th or so. if we have a government shutdown for a few days and that becomes the whole focus in washington, the question is what the next play is in terms of the debt ceiling. does one side feel softened up at that point to be a little more flexible on the debt ceiling? or do both sides dig their heels in on that as well? and the question is obviously for this show and for many americans what the economic impact would be at that point. and so a lot of questions at this point. but it really is striking, the fact that there are not discussions going on at this point. senator harry reid seems to feel like whatever, you know, they're offering, if they go anywhere near the health care law, it is no deal whatsoever. there seeps to be some low hanging fruit, but every suggestion that the house sends over, we talked to reid's aides, and they say "dead on arrival," including this latest
does that come in to this debate about the next battle, that whole debt ceiling battle? >> there's a lot of concern about that debt ceiling battle because it's going to come up so quickly. october 17th or so. if we have a government shutdown for a few days and that becomes the whole focus in washington, the question is what the next play is in terms of the debt ceiling. does one side feel softened up at that point to be a little more flexible on the debt ceiling? or do both sides dig...